December 5, 2023

Toolkits for Life-Cycle Costs

  1. The following flowchart conceptualizes the necessary steps for determining the remaining economic status of infrastructure assets by calculating their “Service Value” via a probabilistic dynamic integrated predictive system and implement appropriate maintenance plans that can prohibit false life-cycle operation and cost estimation. Here bridges are investigated:

A service value predictive system of componentized infrastructure assets”; Authors: Petroutsatou K., Vagdatli T., M. Voutsis, Panetsos P., Barmpa Z., Conference: 8th International Symposium on Life-Cycle Engineering, IALCCE 2023, https://scholar.google.com/citations?view_op=view_citation&hl=el&user=kCpjYU4AAAAJ&sortby=pubdate&citation_for_view=kCpjYU4AAAAJ:IWHjjKOFINEC

2. The following flowchart describes the conceptual framework for performing CBA studies in a microeconomic, probabilistic and dynamic environment:

“Modelling Approaches of Life Cycle Cost–Benefit Analysis of Road Infrastructure: A Critical Review and Future Directions”, Authors: Vagdatli Theodora, Petroutsatou KleopatraJournal: Buildings202313(1), 94; https://doi.org/10.3390/buildings13010094

3. The following flowchart introduces a novel probabilistic and dynamic cost modelling approach for decision-making under uncertainty throughout the lifecycle of a bridge asset:

Vagdatli, T. (2023). Integrated Modelling System for Cost-Benefit Analysis of Infrastructure Projects [Doctoral dissertation, Aristotle University of Thessaloniki]

4. The following flowchart describes the steps for probabilistic pre-estimation of tunnel life-cycle costs:

Petroutsatou, K., Vagdatli, T., & Maravas, A. (2023). Probabilistic approach of pre-estimating life-cycle costs of road tunnels. Structure and Infrastructure Engineering, https://doi.org/10.1080/15732479.2023.2165120